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1803 Forest Ave, Knoxville, 37916
Priced At: $749,000
Property Details for ID: 1292226
SqFt: 1,178
Price SqFt: $636
Total Bedrooms: 4
Full Baths: 1 / Half Baths: 0
MLS Status: Pending - Continue to Show - Inspection
Property Type: Residential
On Market Date: 2025-03-07T08:16:40Z
Subdivision: Cowans Add
Public Remarks: Prime Investment Opportunity in The Fort! High-Demand Student Rental! Attention investors! This rare corner lot in The Fort offers incredible potential for expansion and increased income. The charming 4-bedroom home has undergone recent bathroom renovations and is currently leased to students for $1,850/month, with leases in place until July 31, 2025. A standout feature of this property is its exceptional parking capacity with 7 private spaces along the side of the home and a paved lot in the back offering 14 additional spaces. The 14-space lot is currently leased to the apartment complex across the street for $7,000 per year, with the lease extending until September 2025. Prime location near the University with plenty of room for expansion, this property is a smart addition to any investment portfolio. Don't miss out on this opportunity! There will be one open house on Thursday, March 13th. Check out the Virtual 3D matterport tour today!
Schools Information
Sorry, school information is not available for this listing.Building Description
Site Built: Yes
Year Built: 1925
Total Rooms: 6
SqFt (Total): 1,178
SqFt (Main Lvl): 1,178
Full Baths: 1
1/2 Baths: 0
Fireplace: No
Bonus Room: No
Basement: No
Basement Type: Crawl Space
Exterior Features
Appliances
Room Dimensions
Living Room: Master Bedroom: Bedroom 2: Bedroom 3: Kitchen: Bedroom 4:Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 0
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
From Downtown. Take Cumberland Ave, Right on 17th Street, Left on Forest, and house is on the Right.
Your commute
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Mortgage Calculator
This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!